Summary - Kilby Road, Stevenage, Hertfordshire, SG1 SG1 2LT
2 bed 2 bath Flat
- 40% shared ownership (affordable entry but ongoing rent payable)
- Two bedrooms; ensuite to master; approx 705 sq ft
- Allocated off-street parking and small private garden
- Separate kitchen, lounge with balcony; built 2003–2006
- Lease approx. 105 years remaining
- Service charge c. £152.39 pcm; ground rent c. £16.67 pcm
- Monthly rent contribution c. £517.34; affects affordability
- Local area records higher-than-average crime levels
A practical entry into homeownership, this 40% shared-ownership two-bedroom apartment offers light, well-proportioned living across approximately 705 sq ft. The master bedroom includes an en-suite and the lounge opens to a balcony; allocated off-street parking and a small private garden add everyday convenience. Built in the mid-2000s, the property benefits from double glazing, gas central heating and an EPC rating of C.
Positioned a short walk from Stevenage town centre, the Old Town and the train station (around 12 minutes), the apartment suits first-time buyers who need fast commuter links to London and local hospitals and schools. The layout provides good storage and a separate kitchen, making it functional for sharers or a small family.
Costs and tenure are important to note: this is a 40% shared ownership sale with a monthly rent contribution (approx. £517.34), service charge (approx. £152.39 pcm) and ground rent (approx. £16.67 pcm). The lease has about 105 years remaining. These ongoing costs, plus the shared-ownership structure, affect mortgage options and long-term costs compared with a full-market purchase.
Be aware the local area records higher crime levels than average; buyers should consider this when planning security and insurance. Overall, the flat represents an affordable route onto the property ladder with good transport links and practical accommodation — best suited to first-time buyers who understand shared-ownership commitments.
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